Adverse effect of GOP tax bill on Graduate students in the US
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Graduate students in the US are already living at the survival line. They are working hard to push forward the frontiers of science in all directions and trying to make a better tomorrow than today. Their disposable income is barely reaches 20k per year ( stipend for being TA or RA) and this money goes all to their consumption needs with almost nothing left to save. The new GOP tax bill is going to make the tuition waiver taxable which is estimated to cost each graduate student about $2000 a year and this will push most of the graduate students even lower the survival level. As a result, they should cut down their daily expenses to get along with the new budget and this means they will buy and consume less necessary stuff. On the other side, local businesses will suffer as well because students will spend less money in local restaurants, bars, games and etc. In all, this bill is going to put more financial pressure on graduate students and also hurt local businesses across the US. Please sign and share this petition to support all graduate students in the US and also opposing this unfair tax bill.
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